Investing.com – Germany stocks were higher after the close on Wednesday, as gains in the Basic Resources, Construction and Chemicals sectors led shares higher.
At the close in Frankfurt, the DAX gained 1.96% to hit a new 52-week high, while the MDAX index climbed 1.48%, and the TecDAX index climbed 1.06%.
The best performers of the session on the DAX were Thyssenkrupp AG O.N. (DE:TKAG), which rose 6.65% or 1.465 points to trade at 23.500 at the close. Meanwhile, Deutsche Bank AG NA O.N. (DE:DBKGn) added 5.40% or 0.890 points to end at 17.380 and Volkswagen AG VZO O.N. (DE:VOWG_p) was up 4.61% or 5.600 points to 127.000 in late trade.
The worst performers of the session were RWE AG ST O.N. (DE:RWEG), which fell 2.64% or 0.315 points to trade at 11.605 at the close. Fresenius Medical Care KGAA ST (DE:FMEG) declined 1.23% or 0.920 points to end at 73.990 and Merck KGaA (DE:MRCG) was down 0.73% or 0.680 points to 91.940.
The top performers on the MDAX were Steinhoff International Holdings NV (DE:SNHG) which rose 9.45% to 4.79, Schaeffler AG Pref (DE:SHA_p) which was up 5.20% to settle at 13.06 and Evonik Industries AG (DE:EVKn) which gained 4.71% to close at 27.705.
The worst performers were Hochtief AG (DE:HOTG) which was down 2.63% to 133.200 in late trade, Airbus Group SE (F:AIRG) which lost 1.48% to settle at 58.709 and Rhoen Klinikum AG (DE:RHKG) which was down 1.07% to 24.930 at the close.
The top performers on the TecDAX were Siltronic AG (DE:WAFGn) which rose 6.42% to 44.660, Adva Optical Networking SE (DE:ADAG) which was up 4.97% to settle at 7.579 and Drillisch AG (DE:DRIG) which gained 4.52% to close at 37.340.
The worst performers were GFT Technologies AG (DE:GFTG) which was down 1.61% to 18.645 in late trade, Software AG O.N. (DE:SOWG) which lost 1.07% to settle at 32.260 and CompuGroup Medical AG O.N. (DE:COPMa) which was down 0.84% to 37.965 at the close.
Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 623 to 287 and 31 ended unchanged.
Shares in Thyssenkrupp AG O.N. (DE:TKAG) rose to 52-week highs; rising 6.65% or 1.465 to 23.500. Shares in Siltronic AG (DE:WAFGn) rose to all time highs; gaining 6.42% or 2.695 to 44.660.
The DAX volatility index, which measures the implied volatility of DAX options, was down 2.19% to 16.43 a new 1-month low.
Gold for February delivery was up 0.64% or 7.45 to $1177.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.39% or 0.71 to hit $50.22 a barrel, while the February Brent oil contract fell 1.02% or 0.55 to trade at $53.38 a barrel.
EUR/USD was up 0.33% to 1.0753, while EUR/GBP rose 1.01% to 0.8537.
The US Dollar Index was down 0.22% at 100.29.